USDCAD - Strong Move Down - Possible Measured Support at 1.2940
USDCAD - has been beaten by the strong move in WTI Oil. Even though there has been general dollar strength the CAD strength is winning the tug of war. There is some measured support down near 1.2940 for the brave soul to buy lightly. Otherwise we are in a "sell the rally mode" with the 1hr trend pointing down. Any move into to the cloud should be viewed as a sale.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.